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EE adds 201,000 contract customers during 4G launch quarter
February 19, 2013 / 7:38 AM / 5 years ago

EE adds 201,000 contract customers during 4G launch quarter

LONDON (Reuters) - Everything Everywhere, Britain’s biggest mobile operator, said it added 201,000 contract customers in the fourth quarter, during which it launched Britain’s first superfast 4G mobile broadband service.

A billboard advertises 4G mobile telecom services of market leader EE, owned by France Telecom and Deutsche Telekom, at Elephant & Castle in London November 12, 2012. REUTERS/Olivia Harris

The company, a joint venture between France Telecom and Deutsche Telekom, said more than half of its customers were now on contracts, reflecting the growing popularity of smartphones, as the company posted broadly flat adjusted core earnings.

EE posted full-year adjusted core earnings of 1.41 billion pounds, broadly flat on the year before, on revenue of 6.7 billion pounds, down 1.9 percent.

Its service revenue of 5.95 billion pounds, rose 2.7 percent excluding the impact of regulatory price changes.

Reporting by Paul Sandle, Editing by Brenda Goh

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